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did the vice president give critics an opening when he talked about a tax hike. let's listen. >> you know the phrase they always use? obama and biden want to raise taxes by a trillion dollars. guess what? yes, we do, in one regard. we want to let that $1 trillion tax cut expire so the middle class doesn't have to bear the burden of all the money going to the super-wealthy. >> does the vice president's style create a risk for the democratic ticket? >> he does. you know, it's something that they've been watching with joe biden for years, but joe biden has been preparing for an entire week. by thursday when the debate happens, he will have spent almost a week at his home in wilmington preparing. and when he is prepared, he is much better in that he doesn't make those same gaffes. when he nose what it is that he needs to say and he's not going off the cuff in this style, he does better. >> on thursday, joe biden went aggressively after governor romney on taxes. let's take a look at that. >> you just never know what game or what position governor romney's going to com
did the vice president give critics an opening when he talked about a tax hike. let's listen. >> you know the phrase they always use? obama and biden want to raise taxes by a trillion dollars. guess what? yes, we do, in one regard. we want to let that $1 trillion tax cut expire so the middle class doesn't have to bear the burden of all the money going to the super-wealthy. >> does the vice president's style create a risk for the democratic ticket? >> he does. you know, it's...
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d vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> throughout our battleground virginia special, we will take a groups offerent voters. >> we are breaking down voters by age, gender, and ethnicity. >> are political team includes cooper.uman and rebecca >> we have been inside both headquarters and the races this close. nodar kumaritashvili is taken for granted. they analyze every demographic no voter is taken for granted. whether it is making a pit stop or knocking back a:at a local watering hole, but tap into a very specific block of voters. >> it is still the second most important vote in america. >> second only to white females. is going tonow what sway me one way or another. mostly i am a democrat, but i made up my mind yet. successfult obama is young, women, hispanic, and black voters. 60%omney needs to get about of the white vote. possible? >> it is
d vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> throughout our battleground virginia special, we will take a groups offerent voters. >> we are breaking down voters by age, gender, and ethnicity. >> are political team includes cooper.uman and...
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narrator: this was dishonest: mitt romney: "i'm not in favor of a $5 trillion tax cut." romney's bng dishonest here too: romney tv ad: "according to an independent, non-partisan study, barack obama and the liberals will raistaxes on the middle class..." narrator: the chairman of that so-called independent group is from romney's former company. dick cheney's on its board. newt gingrich was there too. independent. it's just not true. alexis douglas: i can rememberwhwhen i was youer and... my family was not necessarily financially stable. we were poor. anncr: then alexis got a job at the mgm casino in michigan. and it changed her l life. alexis: i started as a wardrobe clerk. but then i was able to work my way up. i got a 401k, i have health insurance... and i make great money. anncr: in maryland, question seven will create... twelve thousand jobs. from hotel and restaurant staff to accountants... and construction workers. alexis: if you want a great place to work with good pay... and great benefits, vote for question seven. ♪ ♪ ♪ ♪ ♪ ♪ [ male announcer ] combin
narrator: this was dishonest: mitt romney: "i'm not in favor of a $5 trillion tax cut." romney's bng dishonest here too: romney tv ad: "according to an independent, non-partisan study, barack obama and the liberals will raistaxes on the middle class..." narrator: the chairman of that so-called independent group is from romney's former company. dick cheney's on its board. newt gingrich was there too. independent. it's just not true. alexis douglas: i can rememberwhwhen i was...
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he raised taxes. and when he left office in massachusetts, people somehow forgot he left the people in massachusetts with the largest debt per capita in america. now he says he's going to do good with money by cutting taxes by 20% and spending $2 trillion more on the military and $716 billion, even more than ryan or obama proposed, in medicare. i don't know how he does his math, but somebody ought to buy him a $2 calculator. >> governor schweitzer, great to have you with us. >>> the best thing to help prevent crime in cities is to bring opportunity in the inner cities. teach people good discipline, good character. that is civil society. that's what charities and churches do. >> paul ryan and mitt romney say churches and charities are the only antidote to poverty. >>> another is ordering to vote for mitt romney. we'll read the letter where he admits it. >>> and which tape is a better window into mitt romney's window for america, the denver debate or the 47% tape? ahead, my commentary on why this countr
he raised taxes. and when he left office in massachusetts, people somehow forgot he left the people in massachusetts with the largest debt per capita in america. now he says he's going to do good with money by cutting taxes by 20% and spending $2 trillion more on the military and $716 billion, even more than ryan or obama proposed, in medicare. i don't know how he does his math, but somebody ought to buy him a $2 calculator. >> governor schweitzer, great to have you with us. >>>...
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Oct 13, 2012
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they pay more effective tax than governor romney pays in his federal income tax. i have had it up to here with this notion that 47% -- it's about time they take some responsibility here, and instead of signing pledges to grover norquist not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class, we're going to level the playing field. >> joe klein, that's a winning riff from my account. the way he pronounced grover norquist is the way i pronounce with a "d" in it, it's like complete disdain for anybody to sign a petition -- >> i think he won the debate at that moment. you know what distinguished that from almost everything else we see in these debates? it was real. that wasn't political talk. that wasn't focus group talk. that wasn't consultant talk. that was just joe. >> joe klein, great having you on. chris, up next. >>> tea party and berther. congressman showed up with some writing on his hands. he said he wasn't actually cheating. he hadn't washed his hands. from a previous case i
they pay more effective tax than governor romney pays in his federal income tax. i have had it up to here with this notion that 47% -- it's about time they take some responsibility here, and instead of signing pledges to grover norquist not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class, we're going to level the playing field. >> joe klein, that's a winning riff from my account. the way he pronounced...
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he was very specific on the tax issue. >> he was specific in repudiating obama tax plan thought did he an excellent job of that. the president has been relying on a report that has been debunked left and right by people about how romney wants to raise taxes on the middle class in order to pay for tax cuts for the wealthy. he rebutted that very effectively i thought. but i would also like to see more details. >> paul: he gave a couple of details in regard to, for example, here is how you reduce deductions and exemptions, a $25,000 $50,000 limit that any one individual could use. that was specific offered by marty felled stein of harvard as a way to make tax reform work. >> and both of them embraced the simpson-bowles commission and the simpson-bowles commission put out three different tax rates and each rate you will have to do something with the deductions and exemptions, eliminate all of them or retain them and romney says i'm going to drop rates and put all of those deductions and exemptions on the table for negotiation. any serious person in politics knows that's the starting point
he was very specific on the tax issue. >> he was specific in repudiating obama tax plan thought did he an excellent job of that. the president has been relying on a report that has been debunked left and right by people about how romney wants to raise taxes on the middle class in order to pay for tax cuts for the wealthy. he rebutted that very effectively i thought. but i would also like to see more details. >> paul: he gave a couple of details in regard to, for example, here is how...
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promised so it's the estate tax plus a.m.t. plus keeping bush, plus lowering rates plus cutting capital gains taxes. you put them together, they add up to 5 trillion but in romney's mind his plan may be just saving the bush tax cuts or one of these five. >> what obama has done is landfalled onto a study that says because the math doesn't add up according to th experts, therefore what romney is going to do is raise taxes on the middle class. he goes around saying that as if it was romney's intent. that's not romney's intent. romney god -- got to say the president is the one who's not telling the truthecaui woul do . >> a romney advisor last week said we have two goals. one is deficit reduction, one is tax cuts. cuts ie w we'll do deficit reduction. gwen: there's anoth numbe $716 million to deal with medicare but it's coming from different places and going to different places and trefore th fin - of de u in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for
promised so it's the estate tax plus a.m.t. plus keeping bush, plus lowering rates plus cutting capital gains taxes. you put them together, they add up to 5 trillion but in romney's mind his plan may be just saving the bush tax cuts or one of these five. >> what obama has done is landfalled onto a study that says because the math doesn't add up according to th experts, therefore what romney is going to do is raise taxes on the middle class. he goes around saying that as if it was romney's...
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overall taxes that they pay and the overall tax plan would be tax neutral. i mean, it would be revenue neutral. the other piece is you mentioned this other story -- >> the story is specifics, hasn't it? >> i'll keep going back to this to seep the record straight. you all talking about this story that mitt romney had been saying and reported in other places that this is a new softer side of mitt romney. he's been telling that story for months. and so, i mean, this is all just sort of a generated media narrative that he is coming up with all sorts of new policies and new touching stories. this is, you know, what's great about last week is it's our opportunity to present an unfiltered mitt romney versus an unfiltered barack obama and the choice was houistorically. >> let's ask you then about specifically what the panelist talked about, the thing that a lot of analysts are watching is are the polls going to move in the swing states? it is early to tell. the jobs numbers may factor in to this. can mitt romney move the polls in a place like ohio? where before the
overall taxes that they pay and the overall tax plan would be tax neutral. i mean, it would be revenue neutral. the other piece is you mentioned this other story -- >> the story is specifics, hasn't it? >> i'll keep going back to this to seep the record straight. you all talking about this story that mitt romney had been saying and reported in other places that this is a new softer side of mitt romney. he's been telling that story for months. and so, i mean, this is all just sort of...
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. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to trash the reporter that paul ryan walked out of that interview on. the campaign given on the record quotes calling the reporter an embarrassment. the city where that reporter works and where that interview took place does have the worst violent crime rate in the nation. so that line of questioning here for mr. ryan was understandable. maybe even predictable. but beyond the newsworthiness of paul ryan getting up and taking off his microphone and ending the interview and beyond the newsworthiness of the campaign going after this reporter, there was what that reporter was ab
. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to...
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that's the black tax we have talked about on this show. i want to talk to you about who would be a better role model for your daughter where once again michele obama wins in a landslide and ann romney's a lovely person but we have seen through the last four years michele obama be the sort of amazing role model for american women, intelligent, seriousness, grace. a lot of men read "esquire." what are they seeing about michele obama that's speaking to them through this idea? >> well, there are two ways to look at that question right there. the first is that, of course, michele obama outpolls ann romney. the first lady of the united states. active and visible first lady. you could look at it as a much plainer side by side comparison and twice as many people feel having her as a role model than ann romney. >> richard, one of the questions that interested me is you asked a sort of boot strap question. who had more help in achieving the success and people felt that romney through the wealth and privilege inherited had more assistance versus the
that's the black tax we have talked about on this show. i want to talk to you about who would be a better role model for your daughter where once again michele obama wins in a landslide and ann romney's a lovely person but we have seen through the last four years michele obama be the sort of amazing role model for american women, intelligent, seriousness, grace. a lot of men read "esquire." what are they seeing about michele obama that's speaking to them through this idea? >>...
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they pay more effective tax than governor romney pays in his federal income tax. >> indeed. biden's performance was so impressive, the other party was forced to admit that they had taken a hiding. with even mitt romney singing joe's praises today in virginia. >> i think you might agree with me that there was one person on stage last night who was thoughtful and respectful, steady, and poised, the kind of person you want to turn to in a crisis. >> no, no, that can't be right. there must be more to it than that. >> and that was the next vice president of the united states, paul ryan. >> right. he was talking about this guy. >> he talks about detroit. mitt romney is a car guy. >> good one. sell that salesman at the top of the ticket and drives a couple cad laks. but bill clinton today, well, he was a bit incredulous about that line at an event in indiana. >> mr. ryan said last night that governor romney was a car guy. i thought, well, if having an elevator to stack them counts, i guess he was. >> now president clinton, don't you go down that line that mr. romney is just a pluto
they pay more effective tax than governor romney pays in his federal income tax. >> indeed. biden's performance was so impressive, the other party was forced to admit that they had taken a hiding. with even mitt romney singing joe's praises today in virginia. >> i think you might agree with me that there was one person on stage last night who was thoughtful and respectful, steady, and poised, the kind of person you want to turn to in a crisis. >> no, no, that can't be right....
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. >> these are people who pay no income tax. 47% of people pay no income tax. so our message of low taxes doesn't connect. he'll be out there talking for tax cuts of the rich. so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. >> so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. krystal ball, i don't know. that sounds to me like it's a description of how he would be as president. so my job is not to worry about those people? >> well, he may have contempt for you, but that doesn't mean he's going to act like he has contempt for you when he's president. obviously, when he was in that particular room, he was telling the people in that room that that's exactly who he would be as president. and i think what we see from mitt romney is who he is and what he says is all dependent on the expediencies of the moment. if we had a president romney, he would mostly be held hostage by a republi
. >> these are people who pay no income tax. 47% of people pay no income tax. so our message of low taxes doesn't connect. he'll be out there talking for tax cuts of the rich. so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. >> so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. krystal ball, i don't...
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any kind, an income tax increase. if you're going to have any kind of a long-term deal, a long-term dif set deal, which is what everybody -- not everybody, but a lot of people on both sides who say this is what they want. if you're going to, it will include a tax component on the wealthy. >> if obama campaigns on that and wins and if democrats hold the senate and make gains in the house, that could ratchet up pressure on republicans to make some kind of deal. otherwise, you have the other thing. it's a myth that nothing is going to happen in the lame duck, because if they take democrat off and congress doesn't show up, a lot will happen. december 31st, the expiration of the bush tax cuts. they go away if nothing happens. something ahas to happen. >> i find it extremely rich to hear john boehner talking about we can't do anything because for almost four years the gop strategy of obstruction has been to keep anything from happening. anything that obama wants, anything he's interested in, we must stop that and keep it fr
any kind, an income tax increase. if you're going to have any kind of a long-term deal, a long-term dif set deal, which is what everybody -- not everybody, but a lot of people on both sides who say this is what they want. if you're going to, it will include a tax component on the wealthy. >> if obama campaigns on that and wins and if democrats hold the senate and make gains in the house, that could ratchet up pressure on republicans to make some kind of deal. otherwise, you have the other...
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about lowering taxes isn't as attractive to them. therefore i'm not likely to draw them into my campaign. >> joining me now is karen finney former communications director for the dnc and msnbc analyst. karen, great to have you with us. >> good to see you, ed. >> was it a brilliant strategy on the part of the obama team for the president not to use the 47% remark to give an opening to mitt romney because a huge platform of 60 some plus million people. what about that? >> you know, that may very well be. i mean, the thing that, although that is so insulting is, think about it. just the clip you just played, the night that came out, the next day where did he go? fox news. with neil cavuto. again, he really stood by those comments. he said, well, i could have said them a little better but i really stand by the message. for the last two weeks he has been saying i stand by this message that those people, you know, that language, even in his ads he talks about those people, that they wouldn't be attracted to his message of lower taxes? i me
about lowering taxes isn't as attractive to them. therefore i'm not likely to draw them into my campaign. >> joining me now is karen finney former communications director for the dnc and msnbc analyst. karen, great to have you with us. >> good to see you, ed. >> was it a brilliant strategy on the part of the obama team for the president not to use the 47% remark to give an opening to mitt romney because a huge platform of 60 some plus million people. what about that? >>...
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president, you are right with regards to 97% of the businesses are not taxed at 35% tax rate, it's a lower rate. those businesses, the last 3% happen to employ half, half of all the people who work in small business. >> okay. please respond to that. there is so much nonsense in that little bit of sound. >> first of all, the statistic that it employs half is ridiculous. let's look at it carefully. under that definition of small business, i'm a business. why? because i have written a book. i get royalties. that's business income. mitt romney cuts my taxes. now, i'm not going to hire anyone. this idea that cutting the taxes is going to lead to job growth is absurd. in contrast, the president saying i'm for tax cuts but i am if you actually hire someone. >> my brain was soup as i was trying to sort through all these definitions. the sba, small business administration is trying to define it as a business with 500 people or less. it's not the definition being used here. the definition here is a tax status. in this study. >> this is where the fact is wrong. >> yes. thank you. >> all people
president, you are right with regards to 97% of the businesses are not taxed at 35% tax rate, it's a lower rate. those businesses, the last 3% happen to employ half, half of all the people who work in small business. >> okay. please respond to that. there is so much nonsense in that little bit of sound. >> first of all, the statistic that it employs half is ridiculous. let's look at it carefully. under that definition of small business, i'm a business. why? because i have written a...
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i don't have a tax cut that's $4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers, i think we need more of them. i mean, look, don't believe me, speaker gingrich was pretty eloquent in running during the primaries in saying, look, mitt romney will say absolutely anything to get elected. >> well, one thing i have been saying about the campaign is the president needs surrogates out there, he needs confederates, people out there. i love charleston. a lot of people -- rather charlotte because in charlotte you heard an entire political party speaking led by people like deval patrick, the governor of massachusetts, after you saw mr. mayor. i think it sounds better when it's a serenade than when it's a solo. what do you think about that? because the other guy has these terrible attack dogs out there, people like trump pitching the birtherism nonsense, sununu talking about being lazy. you got priebus and his nonsense about him being from europe and foreign and newt saying terrible things not to mention jack welch trying
i don't have a tax cut that's $4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers, i think we need more of them. i mean, look, don't believe me, speaker gingrich was pretty eloquent in running during the primaries in saying, look, mitt romney will say absolutely anything to get elected. >> well, one thing i have been saying about the campaign is the president needs surrogates out there, he needs confederates, people...
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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don't like the tax policy numbers, find your own. there is a lot of that going on. >> in fairness i think what mitt romney said is defensible in the sense that, in fact, we have seen millions of people drop out of the labor force. if they hadn't dropped out and they seem to have because -- some is anyonie i aging but a l find jobs. that's a fair thing to say. >> he's on stage alan west who on friday suggests this was part of leftist radicalism at work and part of the chicago machine manipulating labor statistics. >> indeed. then there are the crazy people. >> that speaks volumes. >> he probably didn't pick the appearance knowing what the jobs figures would be. i think it's fair to say the economy has been bachltd obama doesn't have much to do with it. the president can't do that much to control the economy. but four years ago obama got to run saying, they drove it into the ditch, i can drive it out. then it turns out he can't. now the next guy gets to say, i can drive it out. he also can't drive it out, but this is the ritual every f
don't like the tax policy numbers, find your own. there is a lot of that going on. >> in fairness i think what mitt romney said is defensible in the sense that, in fact, we have seen millions of people drop out of the labor force. if they hadn't dropped out and they seem to have because -- some is anyonie i aging but a l find jobs. that's a fair thing to say. >> he's on stage alan west who on friday suggests this was part of leftist radicalism at work and part of the chicago machine...
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kennedy tax cut. the taxes when kennedy was president were cut from 91% to 71%. the taxes were skewed toward the middle and lower class. the tax base was at 91 to 71 for the top margin. the tax rates for the top earners right now are fundamentally different. they're in the mid to high 30s. what i'm campaigning on is solving the fiscal crisis. and you know that if we don't have new revenue, that doesn't engage in tricks, the congressional research service says your tax cutting policy hasn't worked one time. paul ryan couldn't cite an example -- >> can i do a joe biden laugh now? >> sure, you can do it. you look terrific. you have teeth as good as his. >> i was just going to say i talked to a lot of major business leaders who want romney elected, but almost to a man and a woman they say, we're going to have to pay more taxes in our category. what they want to do, however, is to benchmark them against spending cuts so they can get spending down to 20% of gdp. there will have to be a combination in their judgment. and these are private business leaders who run big co
kennedy tax cut. the taxes when kennedy was president were cut from 91% to 71%. the taxes were skewed toward the middle and lower class. the tax base was at 91 to 71 for the top margin. the tax rates for the top earners right now are fundamentally different. they're in the mid to high 30s. what i'm campaigning on is solving the fiscal crisis. and you know that if we don't have new revenue, that doesn't engage in tricks, the congressional research service says your tax cutting policy hasn't...
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>> he said for everybody, across the board. >> on top of the bush tax cuts? >> president obama during the debate said he is the one who is going to raise taxes by letting the bush tax cuts expire. >> but we just played two things back to back that do not match. >> look, he said all look, 20% across the board. i think there were two different things he was speaking about there. he has a very pro-growth policy. he has a policy to create 12 million jobs. >> so are you saying he misspoke in one of those? >> i'm not going to get into whether he misspoke or not -- what i know is he has said all along, 20% across the board for everybody, and that means everybody. to what specifically he was speaking there, i'm not exactly sure. but it's a clear choice what you have. we don't need to get caught up on the back and forth. he is going to put forward pro-growth jobs. and 7.8% is an anemic recovery. that is nothing to celebrate. i remember when president bush was criticized by president obama when i worked for him -- >> but for the past four years, republican have said sa
>> he said for everybody, across the board. >> on top of the bush tax cuts? >> president obama during the debate said he is the one who is going to raise taxes by letting the bush tax cuts expire. >> but we just played two things back to back that do not match. >> look, he said all look, 20% across the board. i think there were two different things he was speaking about there. he has a very pro-growth policy. he has a policy to create 12 million jobs. >> so...
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they have high taxes. so, i think -- i question the premise that you are working on. >> josh. >> i think we somewhat overstate the ability of the government to shape the nature of the economy here. do we want category killers? it's not something that arose because of public policy. it arose because it would have happened regardless of what policy was. there are policy concerns to address but i think a lot of the stuff is out of control of the president. >> all of this is, you know, comes from our liability roles, from our anti-trust rules. >> exactly. there's a huge legal -- let me say this as a final note. if the goal is entrepreneurial capital, you need a financial system that works much better than the one we have now. right now, american finance is failing to do the single thing it's supposed to do, which is to channel the money of savers into productive investment. $8 trillion of cash on the sidelines. you have boom and bust cycles, the worst crisis for 70 years. to me, the thing upstream of this is r
they have high taxes. so, i think -- i question the premise that you are working on. >> josh. >> i think we somewhat overstate the ability of the government to shape the nature of the economy here. do we want category killers? it's not something that arose because of public policy. it arose because it would have happened regardless of what policy was. there are policy concerns to address but i think a lot of the stuff is out of control of the president. >> all of this is, you...
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my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. . >>> we continue on the news edge at 6 with natitude. washington supporting the reds and the nats push ahead on the road in the world series and that is a bummer how things turned out. and there is tomorrow. >> there is tomorrow and could be only tomorrow. they have to win tomorrow and go home for the sea road to the world series ends abruptly. 45,017, the most on hand to take to a washington nationals game for good season reason. the first time in 79 years that the play-off baseball is there. the grumblings about the team not winning without steven straussburg and could be overshadowed by more grumblings and that is with an 8-0 and you can't win if you don't score runs. the other headlines, the fans of the nats and sue, as know, i root for the nationals almost as anyone else. >> and wait a minute. >> as
my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. . >>> we continue on the news edge at 6 with natitude. washington supporting the reds and the nats push ahead on the road in the world series and that is a bummer how things turned out. and there is tomorrow. >> there is...
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Oct 6, 2012
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who pays taxes ought to get tax relief. a of my plan is in place the wealthiest americans will pay a higher percentage of taxes than they do today and the poorest of americans, 6 million families, 7 million people won't pay any tax at all. >> notice the slight of hands. the wealthiest americans will pay a higher percentage of taxes than they do today. not a higher percentage of their income in taxes since that would be an outright lie. very common bit of conservative bit of misdirection used to hide the distributional tax cuts they're proposing. for instance, even in herman cain's explicitly progressive world of a 9/9/9 flat tax, you can imagine the wealthiest households would still pay a majority of total income tax revenue. that doesn't reflect how progressive or fair the taxation system is. it reflects just how unequal incomes are. bush did it again in the next debate too. >> my plan is that the wealthy people pay 62% of the taxes today after which they pay 64%. this is a fair plan. you know why? because the tax code is
who pays taxes ought to get tax relief. a of my plan is in place the wealthiest americans will pay a higher percentage of taxes than they do today and the poorest of americans, 6 million families, 7 million people won't pay any tax at all. >> notice the slight of hands. the wealthiest americans will pay a higher percentage of taxes than they do today. not a higher percentage of their income in taxes since that would be an outright lie. very common bit of conservative bit of misdirection...
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his budget raises taxes on the poor. it makes seniors pay $6400 more for medicare coverage, all while giving millionaires a $265,000 tax break. meanwhile, he voted for defense cuts he blames on president obama and mr. fiscal conservative voted to increase the debt ceiling by $4 trillion under president bush. seems like right pickens to me, krystal. >> frankly, he can't be directly honest about the plans because they are toxic. it is not popular to fund tax cuts for the rich on the backs of the poor. that is not something that sells in this election. on the other hand, biden and obama have been very consistent and their policies are broadly popular. they are talking about restoring the middle class. they are talking about the american dream. they have a balanced plan that makes sense to americans. so i think it is very tough for paul ryan. not only does he have to defend his own budget but mitt romney's plans and he has to be able to reconcile the differences between what mitt romney has been selling and what his actual p
his budget raises taxes on the poor. it makes seniors pay $6400 more for medicare coverage, all while giving millionaires a $265,000 tax break. meanwhile, he voted for defense cuts he blames on president obama and mr. fiscal conservative voted to increase the debt ceiling by $4 trillion under president bush. seems like right pickens to me, krystal. >> frankly, he can't be directly honest about the plans because they are toxic. it is not popular to fund tax cuts for the rich on the backs...
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my tax reform plan to lower rates for the middle class and r small business creates seven million more. and expanding trade, cracking down on china and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. pamela howze: it just seems like such an... infringement on our lives. how dare they step into my life that way. it's none of te heir business. he's trying to restrict us again. he's taking us backwards. george allen is the last thing we need in washington. anncr: the democratic sesenatorial campaign committee is... responsible for the content of this advertising. >> new at 11:00, horror stories. a long trip for dozens of people. >> a man was killed after he was struck by a vre train and we have more. >> for countless commuters the trip home was more than they had anticipated. it was standing room only wednesday night following an earlier incident that created chaos for thousands of commuters. just after 2:00 p.m. a vre train struck and killed a pedestrian. they shut down this busy transit corridor between burke and manassas. >> the
my tax reform plan to lower rates for the middle class and r small business creates seven million more. and expanding trade, cracking down on china and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. pamela howze: it just seems like such an... infringement on our lives. how dare they step into my life that way. it's none of te heir business. he's trying to restrict us again. he's taking us backwards. george allen is the last thing we...
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Oct 12, 2012
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not reading taxes is not cutting taxes. by the way, our budget -- >> we have not -- >> 3% a year instead of 4.5% like they proposed. >> let me calm down things here just for a minute. i want to talk to you very briefly before we go to closing statements about your own personal character. if you're elected, what could you both give to this country as a man, as a human being that no one else could? >> honesty. no one else could? there are plenty of fine people who could lead this country. but what you need are people who when they say they're going to do something, they go do it. what you need are when people see problems, they offer solutions to fix those problems. we're not getting that. look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is all about. it's about getting 12 million jobs, higher take home pay, getting people out of poverty into the middle class. that means going with proven pro-growth policies that we know work to get people back to work. putting ideas on the ta
not reading taxes is not cutting taxes. by the way, our budget -- >> we have not -- >> 3% a year instead of 4.5% like they proposed. >> let me calm down things here just for a minute. i want to talk to you very briefly before we go to closing statements about your own personal character. if you're elected, what could you both give to this country as a man, as a human being that no one else could? >> honesty. no one else could? there are plenty of fine people who could...
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and then they want to raise taxes. i don't think anyone believes raising taxes creates more jobs. they just don't understand what it takes to get this economy going, and we have a plan. five key elements. paul spoke about them last night. number 1, we are taking full advantage of our oil, coal, natural gas, nuclear, renewables. we will take advantage of our energy, and that will protect and grow energy, jobs, and also manufacturing. there are a lot of manufacturing jobs, including in the glass industry, that use a lot of energy. when energy is less expensive, jobs come back. under president obama, we have lost 600,000 manufacturing jobs. we want to bring jobs back to america. that is number one. number 2, we're going to make trade work for us. we will open up more markets for our goods. but if people cheat like china has cheated, we will stop it. number 3, when training programs that help our people have the skills they need to succeed and i want our school to be giving our kids the kind of education they need for the jobs of tomorrow. that means we have to put our kids first and
and then they want to raise taxes. i don't think anyone believes raising taxes creates more jobs. they just don't understand what it takes to get this economy going, and we have a plan. five key elements. paul spoke about them last night. number 1, we are taking full advantage of our oil, coal, natural gas, nuclear, renewables. we will take advantage of our energy, and that will protect and grow energy, jobs, and also manufacturing. there are a lot of manufacturing jobs, including in the glass...
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if you're part of the republican consensus that says no new taxes even for the wealthiest americans, how in the world do you pay for that, and what does that 4% of gdp towards defense that we don't need, what does that do to our deficit? after all the foundation of our national security is our economic security and we have to remember that. >> thanks for your time tonight, michele. i'd like to have you back another night. >> thanks. i would be happy to do that. >> we'll be right back. >>> in election season, pundits follow the campaigns, but political scientists don't necessarily follow the campaigns. some of them instead follow this. one of the lousier determinist theories holds it doesn't matter how much the candidates are, it's really the price of gas that determines who wins the election. this theory has basically been debunked, but it is still repeated a lot any way. in the great state of california right now, gas is the most expensive it has ever been. ever. the average price of a gallon of gas in california is $4.67. you could pay as much as $6.65 per gallon. it happened all o
if you're part of the republican consensus that says no new taxes even for the wealthiest americans, how in the world do you pay for that, and what does that 4% of gdp towards defense that we don't need, what does that do to our deficit? after all the foundation of our national security is our economic security and we have to remember that. >> thanks for your time tonight, michele. i'd like to have you back another night. >> thanks. i would be happy to do that. >> we'll be...
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not reading taxes is not cutting taxes. by the way, our budget -- >> we have not -- >> 3% a year instead of 4.5% like they proposed. >> let me calm down things here just for a minute. i want to talk to you very briefly before we go to closing statements about your own personal character. if you're elected, what could you both give to this country as a man, as a human being that no one else could? >> honesty. no one else could? there are plenty of fine people who could lead this country. but what you need are people who when they say they're going to do somethith
not reading taxes is not cutting taxes. by the way, our budget -- >> we have not -- >> 3% a year instead of 4.5% like they proposed. >> let me calm down things here just for a minute. i want to talk to you very briefly before we go to closing statements about your own personal character. if you're elected, what could you both give to this country as a man, as a human being that no one else could? >> honesty. no one else could? there are plenty of fine people who could...
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they may more effective tax than governor romney pays in his federal incomes tax. i have had it up to here with this notion that 47% -- it's about time they take some responsibility here, and instead of signing pledges to grover norquist not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class, we're going to level the playing field. >> joe klein, that's a winning riff from my account. the way he pronounced grover norquist is the way i pronounce with a "d" in it, it's like complete disdain for -- >> i think he won the debate at that moment. you know what distinguished that from almost everything else we see in these debates? it was real. that wasn't political talk. that wasn't focus group talk. that wasn't consultant talk. that was just joe. >> okay. there are a number of moments in the debate when paul ryan seemed to be playing defense against biden's attacks. here were the two candidates squaring off on the romney tax plan which remains impossible to defend in terms of mathematics.
they may more effective tax than governor romney pays in his federal incomes tax. i have had it up to here with this notion that 47% -- it's about time they take some responsibility here, and instead of signing pledges to grover norquist not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class, we're going to level the playing field. >> joe klein, that's a winning riff from my account. the way he pronounced...
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romney does want to cut tax rates. that would reduce revenue by nearly $5 trillion over 10 years. he says he would offset that loss by eliminating loopholes and deductions but he has refused to say which ones leaving him open to attack by team obama. >> mitt romney's solution is he just decided there wasn't math involved in this problem. and that's absolutely crazy. >> reporter: while the president continues that fund-raising swing, mitt romney will deliberate blistering foreign policy speeches attacking the president on middle eastern policy. that is tomorrow. david? >> david kerley traveling with the romney campaign this weekend, david, thank you. >>> i want to bring in our senior washington editor rick klein tonight. let's gallup poll we showed. a tighter race already. a rolling average as we know and still reflects voters asked before the debate and still could be on the move and all eyes on the crucial battleground straights. in colorado where the debate was held, university of denver poll showing the president holding on to his lead in colorado and, rick, why are both campai
romney does want to cut tax rates. that would reduce revenue by nearly $5 trillion over 10 years. he says he would offset that loss by eliminating loopholes and deductions but he has refused to say which ones leaving him open to attack by team obama. >> mitt romney's solution is he just decided there wasn't math involved in this problem. and that's absolutely crazy. >> reporter: while the president continues that fund-raising swing, mitt romney will deliberate blistering foreign...
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, get rid of estate taxes, lower the corporate rate and the individual rate. shift all the money to the top while taking away the economic rights of people at the bottom. this should not be a hard decision to make. i can't believe a voter -- just a minute, martin. i can't believe a voter is going to decide on the basis of dramatic performance when the distances between these two parties is so drastic. >> but you have to concede it's difficult arguing with somebody who ducks and dives with such aplomb. last week mitt romney was the lance armstrong of politics using performanceance hansing lies to win the debate. who is to say that ryan won't do the same tonight? he might just walk away from his budget. >> well, i don't think ryan will because, unlike romney, the game isn't over this week or next month. the game is beginning now for him. he has to stay attached to his right wing constituency. you can win the debate tonight if you're vice president biden by attacking ryan on the hard line positions he's taking knowing he has to fight for them. what do you think h
, get rid of estate taxes, lower the corporate rate and the individual rate. shift all the money to the top while taking away the economic rights of people at the bottom. this should not be a hard decision to make. i can't believe a voter -- just a minute, martin. i can't believe a voter is going to decide on the basis of dramatic performance when the distances between these two parties is so drastic. >> but you have to concede it's difficult arguing with somebody who ducks and dives with...
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if you're part of the republican consensus that says no new taxes even for the wealthiest americans, how in the world do you pay for that, and what does that 4% of gdp towards defense that we don't need, what does that do to our deficit? after all the foundation of our national security is our economic security and we have to remember that. >> thanks for your time tonight, michele. i'd like to have you back another night. >> thanks. i would be happy to do that. >> we'll be right back. [ mother bear ] you're not using too much are you, hon? [ female announcer ] charmin ultra soft is so soft you'll have to remind your family they can use less. it's made with extra cushions that are soft and more absorbent. plus you can use four times less. charmin ultra soft. >>> in election season, pundits follow the campaigns, but political scientists don't necessarily follow the campaigns. some of them instead follow this. one of the lousier determinist theories holds it doesn't matter how much the candidates are, it's really the price of gas that determines who wins the election. this theory has ba
if you're part of the republican consensus that says no new taxes even for the wealthiest americans, how in the world do you pay for that, and what does that 4% of gdp towards defense that we don't need, what does that do to our deficit? after all the foundation of our national security is our economic security and we have to remember that. >> thanks for your time tonight, michele. i'd like to have you back another night. >> thanks. i would be happy to do that. >> we'll be...
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what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're
what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit...